According to this
report, the cosmetic packaging market is estimated to grow at a CAGR of 5.4%
from 2013 to 2018. The cosmetic packaging machinery will reach $2,510 million
by 2018. Asia-Pacific led the cosmetic packaging machinery market followed by
Europe and North America.

Cosmetic packaging
market is a growing sector that has various stake holders such as raw material
suppliers, processors, cosmetic and cosmetic packaging manufacturers; with the
market for cosmetic products rising, players in cosmetic packaging industry are
struggling to diversify their product portfolio. An efficient and suitable
packaging is essential for all types of cosmetics.

Plastic is the most preferred
material. Consumer preferences, product characteristics, and material
compatibility are essential in determining the type of packaging for the
products. Asia-Pacific is a significant market share holder and an impacting
driver.Asia-Pacific has
the highest market share and is projected to be the fastest growing market. The
potential markets for cosmetic packaging include India, China, and Brazil which
are poised to exhibit the fastest growing trend.

Due to the increased awareness
about anti-aging products amongst the women above 30 years of age and high
demand for skin whitener in Asia-Pacific region, the skin care packaging market
is estimated to grow further in the future. The report also studies various
other important aspects pertaining to the market such as Porter’s analysis,
competitive landscape, price analysis of raw materials, and supply chain. In
addition, 30 players of this market have also been profiled.

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